China's economic growth in 2012 and 2013


Yingying Xu, Ph.D., economist
The growth pace of industrial value-added in China decelerated from 14% in 2011 to around 9% in the third quarter. Even this number may be overreported considering the dramatic growth deceleration in power production, which is highly correlated with industrial production. In October, however, the growth pace for both industrial production and power generation accelerated slightly, showing some encouraging signs of upturns. Economic Update

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